If you have pre-schoolers, you have heard have the Backyardigans. They are 5 characters (penguin, moose, and I'm not sure what the other 3 are) that are all neighbors and they use their imagination to have adventures in the backyard.
My 3 year old is obsessed and when he saw this movie advertised, we had to go out and get it. It's kind of a spoof on James Bond and in my opinion, it is one of my favorite kids movies. The back of the box describes it as a double-length, jazz-filled, worldwide spy mission. Agent Secret - with his secret Contact, Austin, and boss, Miss T-sets out to foil the villainous Lady in Pink and Henchman Tyrone's "recipe for disaster."
The recipe ends up being chocolate milk. It's too cute!
There's not a lot of educational value to it, but it does kind of teach that you can do anything if you use your imagination. The continuously break into dance and song and I often find myself singing along. If your kids like the backyardigans, or even if they've never heard of the backyardigans, I would definitely get this movie if you can.